4 Piazza Afari Shares Could Continue Falling Despite Strong Devaluation

There are 4 stocks in Piazza Afari that could continue to decline despite the strong devaluation. But let’s make an introduction first.

We’ll go step by step, but judging from these first columns of the month, the feeling that seems to be starting to emerge is that December could be completely bearish and that a bottoming point is likely to be sought on January 6th. We reserve the right to come back to this thread and return these reviews only after the next annual setup expires on December 8th.

At the moment, this is Our sample path and business plan Which will continue until a bullish reversal or another bearish confirmation signal appears.

Until the upward swing forms, here are the goals that can be achieved in the coming weeks:

Future Ftse Mib

25,980, then 24,140. At the moment, the probability is 20% that it will fall below 24,140.

The securities subject to our analysis are as follows: Generali Assicurazioni, Intesa Sanpaolo and Stellantis (Mel: STLA) e tenaris.

What are our ratings?

4 Piazza Afari Shares Could Continue Falling Despite Strong Devaluation

The fair value was calculated by our research department after careful and thorough analysis of items in the financial statements for the last 4 years.

general insurance, last price at 18.13. The fair value is 22.50 euros per share. Until there is a weekly close above 18.515, prices could continue falling in a few weeks towards the 16.85 area then 15.74. In the short term, there is the first bullish indicator with a daily close above 18.22.

Intesa San PauloThe last price was at 2.1685. The fair value is 2.60 euros per share. Until there is a weekly close above 2.3410, the prices could continue falling in a few weeks towards the 1.9815 area then 1.90. In the short term, the first bullish indicator with a daily close above 2.18.

Stilants, last price at 16.00. The fair value is 28 euros per share. Until there is a weekly close above 17.58, prices could continue falling in a few weeks towards the 14.85 area then 13.75. In the short term, there is a first bullish evidence with a daily close above 16.064.

Tenaris, last price at 9.02. The fair value is 12.50 euros per share. Until there is a weekly close above 9.706, the prices could continue falling in a few weeks towards the 7.92 area then 6.98. In the short term, there is a first bullish evidence with a daily close above 9.094.